Jennifer Morinigo | August 24, 2017 | Liability Insurance
In a decision that discussed the issue of rescission of insurance contracts in cases of material misrepresentations in insurance applications by high-risk insureds, the Superior Court of the State of California, County of Los Angeles cited the Proposed Final Draft of...
Sam Tacey | June 19, 2017 | Liability Insurance
In Dalecroft Properties Ltd v. Underwriters [2017] EWHC 1263 (Comm), Mr. Richard Salter QC (sitting as a Deputy Judge of the High Court) confirmed the defendant insurers’ right to avoid a property insurance policy following various misrepresentations relating to the...
Ryan Teitman | June 6, 2017 | Liability Insurance
Penn Law’s Tom Baker serves as the Reporter for the American Law Institute’s Restatement of the Law Liability Insurance. The ALI membership met on May 23 and discussed the Restatement, which would help to define insurance law as a field. Professor Baker is an expert...
Randy Maniloff | May 25, 2017 | Liability Insurance
It had been expected by many that, after seven years of arduous work, The American Law Institute’s (ALI) “Restatement of the Law, Liability Insurance” would be approved on Tuesday, May 23 at the Institute’s Annual Meeting at The Ritz-Carlton Hotel in Washington, D.C....
A. Hugh Scott | May 17, 2017 | Liability Insurance
This article originally appeared in LAW360. The saga of the proposed “Restatement of the Law — Liability Insurance” (the “Insurance Restatement” or “Restatement”) of the American Law Institute continued to unfold recently with the publication by the Restatement’s...
